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| 16 BALANCE SHEET UNAUDITED (IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS) March 31, 2024 December 31, 2023 Assets Current assets Cash and cash equivalents $ 87,052 $ 87,691 Accounts receivable, net of allowance for doubtful accounts of $1,087 and $635, respectively 68,107 58,360 Inventories 95,759 80,976 Prepaid expenses 12,365 11,930 Other current assets 6,045 6,886 Total current assets 269,328 245,843 Property and equipment, net of accumulated depreciation and amortization of $49,904 and $50,968, respectively 46,709 44,647 Operating lease assets 9,987 6,554 Deferred tax assets, net 3,969 4,004 Intangible assets, net 115,011 43,472 Goodwill 148,912 81,667 Other assets 5,526 4,992 Total assets $ 599,442 $ 431,179 Liabilities, Mezzanine Equity and Shareholders' Equity Current liabilities Accounts payable $ 30,282 $ 28,418 Accrued liabilities 47,467 44,524 Income tax payable 2,573 9,944 Current portion of long-term debt 15,234 12,320 Total current liabilities 95,556 95,206 Long-term debt 200,601 127,812 Long-term operating lease liabilities 5,822 3,186 Deferred tax liabilities 21,554 4,843 Other liabilities 5,208 2,970 Total liabilities 328,741 234,017 Mezzanine equity Preferred stock ($0.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 2022) — — Shareholders' equity Common stock ($0.0001 par value, 190,000,000 shares authorized, 40,060,444 and 37,587,436 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) 4 4 Additional paid-in capital 282,176 212,630 Accumulated other comprehensive income 988 634 Accumulated deficit (12,467) (16,106) Total shareholders’ equity 270,701 197,162 Total liabilities, mezzanine equity and shareholders' equity $ 599,442 $ 431,179 |